Wellington Management Group LLP lifted its position in NCR Voyix Corporation (NYSE:VYX – Free Report) by 72.2% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 3,301,936 shares of the company’s stock after buying an additional 1,384,935 shares during the quarter. Wellington Management Group LLP’s holdings in NCR Voyix were worth $26,977,000 as of its most recent SEC filing.
A number of other hedge funds have also recently added to or reduced their stakes in VYX. Caitong International Asset Management Co. Ltd bought a new position in NCR Voyix during the fourth quarter valued at approximately $28,000. Kestra Advisory Services LLC bought a new stake in NCR Voyix in the fourth quarter worth approximately $29,000. Parkside Financial Bank & Trust increased its stake in shares of NCR Voyix by 34.7% during the 4th quarter. Parkside Financial Bank & Trust now owns 4,743 shares of the company’s stock worth $48,000 after purchasing an additional 1,221 shares during the last quarter. Public Employees Retirement System of Ohio acquired a new position in shares of NCR Voyix during the 2nd quarter worth $52,000. Finally, Hantz Financial Services Inc. raised its holdings in shares of NCR Voyix by 615.6% during the 4th quarter. Hantz Financial Services Inc. now owns 8,716 shares of the company’s stock valued at $89,000 after purchasing an additional 7,498 shares in the last quarter. Institutional investors and hedge funds own 97.00% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities research analysts recently issued reports on VYX shares. The Goldman Sachs Group lifted their price objective on shares of NCR Voyix from $8.00 to $9.00 and gave the company a “neutral” rating in a research note on Monday, May 11th. Weiss Ratings upgraded NCR Voyix from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday. Needham & Company LLC boosted their price target on NCR Voyix from $12.00 to $14.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Finally, Royal Bank Of Canada upped their price target on NCR Voyix from $10.00 to $13.00 and gave the stock an “outperform” rating in a research note on Thursday, August 6th. Four analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $14.00.
NCR Voyix Trading Up 2.0%
Shares of NYSE:VYX opened at $9.14 on Friday. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.95 and a current ratio of 1.07. The stock’s 50-day moving average is $8.30 and its 200-day moving average is $7.58. The company has a market cap of $1.26 billion, a P/E ratio of 22.85 and a beta of 1.40. NCR Voyix Corporation has a 52-week low of $6.02 and a 52-week high of $13.49.
NCR Voyix (NYSE:VYX – Get Free Report) last announced its earnings results on Wednesday, August 5th. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.02. The firm had revenue of $523.00 million during the quarter, compared to the consensus estimate of $515.95 million. NCR Voyix had a return on equity of 11.23% and a net margin of 2.53%.The firm’s revenue for the quarter was down 21.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.19 EPS. NCR Voyix has set its FY 2026 guidance at 0.890-0.920 EPS. Equities research analysts predict that NCR Voyix Corporation will post 0.68 earnings per share for the current year.
NCR Voyix Company Profile
NCR Voyix is a technology company formed through the spin-off of NCR Corporation’s financial and digital commerce business. The company designs, manufactures and supports self-service solutions for banking and retail environments, with core offerings that include ATMs, kiosks, point-of-sale terminals and payment software. By blending hardware, cloud-based applications and managed services, NCR Voyix aims to help financial institutions and merchants modernize customer experiences and streamline transaction processing.
Building on more than a century of heritage under the NCR name, NCR Voyix leverages decades of engineering expertise and innovation in transaction automation.
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